Ryerson Q1 net income falls 71% YoY to $47.3M; revenue $1.4B, down 20%

Ryerson Holding Corp

2023-Q1 EPS reported $1.27 revenue$1,406,100,000

Diluted EPS $1.27 vs $4.17 a year ago; adjusted diluted EPS $1.27.
Gross margin 18.8% (down 470 bps YoY); gross margin excl. LIFO 19.1%.
Adjusted EBITDA excl. LIFO $90.1M, down 64% YoY; net leverage 0.8x.
Repurchased 1.5M shares; acquired BLP Holdings; quarterly dividend raised 5.9% to $0.18.
Share repurchase program extended and increased to $100M through April 2025.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

Ryerson Holding Corp reported first quarter ended March 31, 2023 results: net income Net Income attributable to Ryerson Holding Corporation of $47.3 million, EPS Diluted EPS of $1.27.

Period: first quarter ended March 31, 2023
Net income: Net Income attributable to Ryerson Holding Corporation of $47.3 million
EPS: Diluted EPS of $1.27
Result: reported results

Exact text from the filing

On May 1, 2023, Ryerson Holding Corporation (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2023.

View on SEC.gov

20 earnings releases filed in the last 30 days. Browse all earnings releases →

Ryerson Holding Corp filing history →

Source: SEC EDGAR

accession 0000950170-23-016263

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.